Netscribes (India) Private Limited

Netscribes (India) Private Limited - travel and hospitality in Mumbai, Maharashtra, India. Directors, charges & compliance details.
CIN U72900MH2000PTC126630 Incorporated 19 May 2000 ROC Mumbai HQ Mumbai, Maharashtra, India
Merged Private Limited Company travel and hospitality
Data last updated
Revenue · FY 2022
₹138.72 Cr
▲ 36% YoY
Net profit · FY 2022
₹38.36 Cr
Net margin 27.7%
EBITDA · FY 2022
₹55.14 Cr
EBITDA margin 39.7%
Authorised capital
₹15 Cr
Registered with MCA
Paid-up capital
₹12.82 Cr
Issued & subscribed
Open charges
₹190 Cr
Satisfied ₹4 Cr
Company age
26 yrs
Est. 2000
Employees · EPFO
614
Provident fund records

About Netscribes (India) Private Limited

Data last updated:

Netscribes (India) Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Ns Oxymoron Advisors Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the consumer and professional services segment of the travel and hospitality sector. It was incorporated on 19 May 2000.

The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2000PTC126630. The company has 4 GST registrations on record, none of which is active.

The company had an authorised share capital of ₹15 Cr and a paid-up capital of ₹12.82 Cr. It was led by directors Sourav Mukherjee (Managing Director) and Yuvraj Prabhakar Gharat.

Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at Office No. 504 5th Floor Lodha Supremus Lower Parel, Mumbai, Maharashtra, India – 400013.

As per the financials filed for FY 2022, the company reported a revenue of ₹138.72 Cr, a growth of 36% compared to the previous year. For the same year it recorded a net profit of ₹38.36 Cr (net margin 27.7%) and EBITDA of ₹55.14 Cr (EBITDA margin 39.7%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years and 24% over five years.

The company had about 614 employees on its provident fund (EPFO) records before it was dissolved. Its group structure included 1 subsidiary.

The company was associated with 1 brand: Netscribes. As per MCA filings, the company had open charges of ₹190 Cr and satisfied charges of ₹4 Cr on record. Court records list 5 cases involving the company, including 2 filed by the company and 3 filed against it. The company has 13 deals on record (11 secondary share transfers, 2 funding rounds), with disclosed funding of ₹9.48 Cr; the latest was in October 2017. Its 10 peer companies in the Consumer Services industry (Professional Services) are compared by revenue, 5 larger and 5 smaller; the largest is Stylewell Design Private Limited with revenue of ₹141.06 Cr. The company has 4 MSME Form 1 returns on record between 2020 and 2022, listing 32 overdue payments to 13 micro and small suppliers.

The last known website on record is netscribes.com.

Company Details of Netscribes (India) Private Limited
CIN U72900MH2000PTC126630
Registration Number 126630
Incorporation Date 19 May 2000
ROC Mumbai
Listing Status Unlisted
Company Status Amalgamated
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
Parent Company Ns Oxymoron Advisors Private Limited
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
  • Registered Address
    Office No. 504 5th Floor Lodha Supremus Lower Parel, Mumbai, Maharashtra, India – 400013
  • Industry
    Travel and Hospitality, Consumer Professional Services
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Financials, compliance, directors, charges, ownership and filings for Netscribes (India) Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Netscribes (India) Private Limited

The main business activity of Netscribes (India) is information and communication. In detail, this covers other information & communication service activities.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
JInformation and communicationJ8Other information & communication service activitiesLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

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Financials of Netscribes (India) Private Limited FY 2022 filings available

Netscribes (India) Private Limited reported revenue of ₹138.72 Cr (up 36% YoY) for FY 2022.

Revenue · FY 2022
₹138.72 Cr ▲ 36%
Net profit · FY 2022
₹38.36 Cr margin 27.7%
EBITDA · FY 2022
₹55.14 Cr margin 39.7%

Compounded Annual Growth Rate (CAGR) of Netscribes (India) Private Limited

Revenue CAGR growth
1 year
▲ 36%
3 years · compounded
▲ 27%
5 years · compounded
▲ 24%
EBITDA CAGR growth
1 year
▲ 58%
3 years · compounded
▲ 46%
5 years · compounded
▲ 37%

Revenue has grown at a compounded annual rate (CAGR) of 24% over five years, including 36% growth in the latest year. EBITDA rose 58% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.

Financial Statement Summary of Netscribes (India) Private Limited

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profit and Loss Statement
Revenue from Operations••••••••••••••••••••
Other Income••••••••••••••••••••
Total Revenue₹138.72 Cr••••••••••••••••
Cost of Materials Consumed••••••••••••••••••••
Employee Benefit Expense••••••••••••••••••••
Finance Costs••••••••••••••••••••
Depreciation and Amortisation••••••••••••••••••••
Other Expenses••••••••••••••••••••
Total Expenses••••••••••••••••••••
EBITDA₹55.14 Cr••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹38.36 Cr••••••••••••••••
Balance Sheet
Share Capital••••••••••••••••••••
Reserves and Surplus••••••••••••••••••••
Net Worth (Total Equity)••••••••••••••••••••
Long-term Borrowings••••••••••••••••••••
Short-term Borrowings••••••••••••••••••••
Trade Payables••••••••••••••••••••
Total Liabilities••••••••••••••••••••
Fixed Assets••••••••••••••••••••
Investments••••••••••••••••••••
Inventories••••••••••••••••••••
Trade Receivables••••••••••••••••••••
Cash and Bank Balance••••••••••••••••••••
Total Assets••••••••••••••••••••

Financial Ratios of Netscribes (India) Private Limited

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profitability
EBITDA Margin39.7%••••••••••••••••
Net Profit Margin27.7%••••••••••••••••
Return on Equity (ROE)••••••••••••••••••••
Return on Capital Employed (ROCE)••••••••••••••••••••
Return on Assets (ROA)••••••••••••••••••••
Liquidity and Debt
Current Ratio••••••••••••••••••••
Quick Ratio••••••••••••••••••••
Debt-to-Equity Ratio••••••••••••••••••••
Interest Coverage Ratio••••••••••••••••••••
Efficiency and Growth
Asset Turnover••••••••••••••••••••
Receivable Days••••••••••••••••••••
Payable Days••••••••••••••••••••
Inventory Days••••••••••••••••••••
Revenue Growth••••••••••••••••••••
Net Profit Growth••••••••••••••••••••

Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Netscribes (India) are in the company report.

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Financial statements from 2015

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Peer Comparison of Netscribes (India) Private Limited

Netscribes (India) Private Limited is compared with the companies closest to it by revenue in the Consumer Services industry (Professional Services). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Stylewell Design Private Limited₹141.06 Cr (FY 2025)••••••••7.0%••••Vasai, Maharashtra, India
Vishnu & Company Trademarks Private Limited₹140.73 Cr (FY 2025)••••••••16.0%••••Delhi, India
Alvean India Private Limited₹140.07 Cr (FY 2019)••••••••-83.0%••••Gurgaon, Haryana, India
The West Bengal Small Industries Development Corpn Limited₹139.65 Cr (FY 2022)••••••••-9.0%••••Kolkata, West Bengal, India
Swash Tech Solutions Private Limited₹138.94 Cr (FY 2025)••••••••129.0%••••Haryana, India
Netscribes (India) Private Limited this company₹138.72 Cr (FY 2022)••••••••36.0%••••Mumbai, Maharashtra, India
Aadharshila Infratech Private Limited₹136.88 Cr (FY 2025)••••••••85.0%••••Udaipur, Rajasthan, India
Parexel International Services India Private Limited₹136.51 Cr (FY 2025)••••••••-9.0%••••Chandigarh, India
Indian Pac Consulting Private Limited₹135.98 Cr (FY 2025)••••••••-35.0%••••Kolkata, West Bengal, India
Avl Technical Centre Private Limited.₹135.84 Cr (FY 2025)••••••••-16.0%••••New Delhi, Delhi, India
L&W Building Solutions Private Limited₹132.35 Cr (FY 2023)••••••••105.0%••••Bangalore, Karnataka, India

Peers are the five companies nearest above and the five nearest below Netscribes (India) by revenue in the Consumer Services industry (Professional Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.

Auditor Details of Netscribes (India) Private Limited

Netscribes (India) Private Limited is audited by Price Waterhouse Chartered Accountants LLP for the financial year 2022.

NameStatusAppointment DateCessation Date
Price Waterhouse Chartered Accountants LLPLockedLockedLocked
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Board of Directors of Netscribes (India) Private Limited

Netscribes (India) has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Sourav MukherjeeManaging Director28 Jun 200224 Years 3 MonthsAs last reported
Yuvraj Prabhakar GharatDirector06 Sep 20215 Years 1 MonthsAs last reported

Ownership and Shareholding of Netscribes (India) Private Limited

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Charges & Borrowings of Netscribes (India) Private Limited

Open charges
₹190 Cr
Satisfied charges
₹4 Cr
Breakdown by lending institutions
Others₹190.00 Cr
Latest charge details
DateLenderAmountStatus
07 Sep 2021Others₹190 CrOpen
27 Aug 2008Axis Bank Limited₹2 CrSatisfied
27 Aug 2007Axis Bank Limited₹2 CrSatisfied

Total charge records: 3 View all charges

Deals & Funding of Netscribes (India) Private Limited

Netscribes (India) Private Limited has 13 deals on record (11 secondary share transfers, 2 funding rounds), with disclosed funding of ₹9.48 Cr; the latest was in October 2017.

Total deals
13
Secondary share transfers
11
Funding rounds
2
Disclosed funding
₹9.48 Cr

Deals on record (5 of 13)

WhenDealAmountParties
Oct 2017Secondary share transferUndisclosedSeller: 4 individuals
Sep 2016Secondary share transferUndisclosedBuyer: Helix Investments, an individual
Seller: Sanjay D Shah Huf, Basil Partners
Jun 2012Secondary share transferUndisclosedBuyer: Sanjay D Shah Huf
Seller: Connect Capital
Jun 2012Secondary share transferUndisclosedBuyer: Sanjay D Shah Huf
Seller: an individual
Apr 2012Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
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Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME Payment Delays by Netscribes (India) Private Limited

Netscribes (India) Private Limited has 4 MSME Form 1 returns on record between 2020 and 2022, listing 32 overdue payments to 13 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 13)

SupplierAmount dueDue sinceReported on
an individual supplier••••••••••••
an individual supplier••••••••••••
Viva Communications Private Limited••••••••••••
E2e Research Services Private Limited••••••••••••
United Scientific Equipments Private Limited••••••••••••
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Full MSME payment history

Every supplier, amount and due date from all 4 MSME Form 1 returns is in the company report.

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Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.

Associated Brands with Netscribes (India) Private Limited

Netscribes (India) operates one associated brand: Netscribes. Each brand links to its own profile.

BrandDescriptionWebsite
Enterprise research and market intelligence services are provided by Netscribes.netscribes.com

Employees and EPFO Compliance at Netscribes (India) Private Limited

Netscribes (India) Private Limited has a workforce of 614 employees as of Mar 31, 2024.

Employee count
614
Active EPFO establishments
1
Employee growth
-13.52%
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Group Structure of Netscribes (India) Private Limited

Netscribes (India) has 1 subsidiary company. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.

1
Subsidiary companies
Key Subsidiaries
Company NameCINShares Held
Inrea Research Solutions Private LimitedU73200MH2006PTC159136Locked

Showing major subsidiaries. Total: 1.

Recent Activity on Netscribes (India) Private Limited

Netscribes (India) Private Limited has 11 board changes on record since 2002: 2 appointments and 9 cessations. The latest: Yuvraj Prabhakar Gharat ceased to be Additional Director on 30 Sep 2021.

AGM
Netscribes (India) Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Filing
Netscribes (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Mumbai.
Charges
A charge with Others of Rs. 190.00 Cr registered on 07 Sep 2021 with Charge ID 100485565 was modified on 22 Feb 2022.
Ceased
Yuvraj Prabhakar Gharat ceased to be Additional Director.
Charges
A charge with Others amounted to Rs. 190.00 Cr with Charge ID 100485565 was registered on 07 Sep 2021.
Ceased
Edgar Meyer Cullman Jr ceased to be Director.
Ceased
John Fletcher Iii ceased to be Director.
Appointed
Yuvraj Prabhakar Gharat was appointed as Director.
Charges
A charge registered on 27 Aug 2008 via Charge ID 10121528 with Axis Bank Limited was fully satisfied on 07 Dec 2017.
Charges
A charge registered on 27 Aug 2007 via Charge ID 10070585 with Axis Bank Limited was fully satisfied on 07 Dec 2017.
Ceased
David Michael Danziger ceased to be Additional Director.
Ceased
Paul Anthony Parokkaran ceased to be Director.

10 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Netscribes (India) Private Limited

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Subsidiaries & Group Companies of Netscribes (India) Private Limited

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GST Compliance of Netscribes (India) Private Limited

Netscribes (India) has 4 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.

Total GSTINs
4
Cancelled / inactive
4
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MCA Filings & Documents of Netscribes (India) Private Limited

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Frequently Asked Questions about Netscribes (India) Private Limited

Netscribes (India) has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.

Netscribes (India) was a private limited company based in Mumbai, Maharashtra, India. The company worked in consumer professional services, within the travel and hospitality industry. It was incorporated on 19 May 2000 and is registered under CIN U72900MH2000PTC126630. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.

Netscribes (India) was incorporated on 19 May 2000. It is registered with the Registrar of Companies, Mumbai.

Netscribes (India) had 2 directors:

The CIN (Corporate Identification Number) of Netscribes (India) is U72900MH2000PTC126630. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The registered office of Netscribes (India) is at Office No. 504 5th Floor Lodha Supremus Lower Parel, Mumbai, Maharashtra, India – 400013.

Netscribes (India) can be reached through the website netscribes.com. Its registered office is in Mumbai, Maharashtra, India.

Netscribes (India) reported revenue of ₹138.72 Cr for FY 2022 (up 36% YoY).

Netscribes (India) has an authorised share capital of ₹15 Cr and a paid-up capital of ₹12.82 Cr.

Netscribes (India) reported a net profit of ₹38.36 Cr (net margin 27.7%) and EBITDA of ₹55.14 Cr (EBITDA margin 39.7%) for FY 2022, as per its filed financial statements.

No. Netscribes (India) has 4 GST registrations on record and all of them are cancelled or inactive.

Netscribes (India) operated in the travel and hospitality industry, in the consumer professional services segment.

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